According to the official announcement, H100 Group AB, a listed Bitcoin treasury company in Sweden, has signed a letter of intent for a strategic acquisition with the shareholders of the Norwegian companies Moonshot AS and Never Say Die AS. Upon completion of the transaction, H100’s Bitcoin holdings are expected to increase from the current 1,051 BTC to approximately 3,501 BTC.
Swedish-listed H100 to increase Bitcoin holdings to 3,501 BTC
TechFlowShare
Summary
Bitcoin news broke on Tuesday as H100 Group AB, a Swedish-listed Bitcoin treasury firm, signed a letter of intent with the shareholders of Norwegian companies Moonshot AS and Never Say Die AS. The transaction is expected to increase H100’s Bitcoin holdings from 1,051 to approximately 3,501 BTC. This BTC update signifies a major expansion of the company’s on-chain position.
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